Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) Short Interest Update

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHY) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 63,804 shares, a decrease of 38.7% from the June 30th total of 104,061 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 131,085 shares, the short-interest ratio is currently 0.5 days.

Sonic Healthcare Trading Up 1.3%

OTCMKTS:SKHHY traded up $0.20 during mid-day trading on Thursday, reaching $15.79. 31,200 shares of the company were exchanged, compared to its average volume of 108,958. The company has a quick ratio of 0.90, a current ratio of 1.01 and a debt-to-equity ratio of 0.59. Sonic Healthcare has a 12 month low of $12.94 and a 12 month high of $19.25. The company has a fifty day moving average of $14.26 and a 200 day moving average of $14.73.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded Sonic Healthcare from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 22nd. Two analysts have rated the stock with a Sell rating, According to MarketBeat, Sonic Healthcare currently has an average rating of “Sell”.

Sonic Healthcare Company Profile

Sonic Healthcare (OTCMKTS:SKHHY) is a global provider of medical diagnostics services, specializing in pathology and radiology. Established in 1987 and headquartered in Sydney, Australia, the company has grown into one of the largest laboratory networks in the world. Its ordinary shares trade on the Australian Securities Exchange, and its American Depositary Receipts trade over the counter under the symbol SKHHY.

The company offers a broad range of clinical pathology services, including anatomic pathology, clinical chemistry, hematology, microbiology and molecular diagnostics.